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life work for more families. another step we can take is on taxes. there's a lot of talk about taxes in washington right now. for most families, tax preparation is hard and is time-consuming. this time of year especially. think about it. think what they're going through. what tax form are you supposed to fill out? is it more beneficial to file jointly or as a married couple or separately? is a truck or gas mileage deductible? are you forgetting something the irs will give you credit for? and in 1935, the form 1040 was accompanied by a two-page instruction booklet. today, taxpayers have to wade through over 100 total pages of instructions. just filling out a w4 at a knew job is confusing. you really shouldn't need a work sheet to see how many dependents you have. chairman dave camp and his committee are already underway in their efforts to responsibly rewrite the nation's tax laws, as an education policy, health care and all else, tax reform should reflect the priority of working families, and the future they're trying to shape for their kids. if nothing else, we must stop putting spe
direction to help make life work for families. another step we can take is on taxes. there's a lot of talk about taxes in washington right now. for most families, tax preparation is hard and it is time-consuming. this time of year especially. think about it, think what they're going through. what tax from are you supposed to fill out, is a more beneficial to file jointly or as a married couple or separately? is a truck or gas mileage deductible or are you forgetting something that the irs gives credit for? in 1935, the form 1040 was a concrete but a to instruction booklet. today, taxpayers have got to wade through over 100 total pages of instructions. just filling out at w-4 at a new job is confusing. you really shouldn't need a worksheet to see how many dependents you have. chairman dave camp and his committee are already underway in their effort to responsibly rewrite the nation's tax law. as in education policy, health care and all else, tax reform should reflect the priority of working families, and the future their time to shape for the kids. if nothing else, we must stop putting spec
linda has a comment on the end of the payroll. this is not an increase in taxes. people and employers have had a 2% break-in social security taxes for the last two years. this at a time when social security fund could not afford it. a financial gift to the already employed at the expense of social security. technically right, but in your bed you hated it. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. and you know what, two years in the making almost. the man behind the disasters solyndra alone is stepping down. energy secretary steven chu offering his resignation today. he was highly criticized for its handling of the $528 million loan to the solar panel maker, which later went bankrupt. despite the blunder he is leaving with obama's support and his pride intact. he said, came with streams and leaving with a set of accomplishments that we should all be proud of. not all of his dreams came true. back in 2008 he famously said we as a nation needed to boost gas prices to levels -- levels seen in europe. although he eventually walked back those comments,
. tonight on "the willis report" wall street loves california's huge tax increase, but is it already backfiring? also, it started as a few hundred pages. now it is 70,000. tonight, the federal income tax on its 100th birthday. and what does the death of investment club tell us about the overall health of the market? "the willis report" is on the case. ♪ gerri: all that and more coming up. first, the fix that will only create more problems. democrats, once again, pushing for more tax revenue and putting a tighter squeeze on all of us. to get the u.s. out of the financial black hole, but washington only needs to look across the country to california to see how this will play out. with more on this, michael reagan, founder of the rating group. welcome back to the show. great to have you here. i need to get you to comment on to harry reid. this weekend talking about more taxes. he says, the american people are on his side. here he is. >> the american people don't believe in this bustier things. we believe that the rich should contribute. we believe we should fill those tax loopholes, g
karzai and david cameron had a meeting to spend a six-month deadline on tax of the taliban. two ambition i pakistan was a political party functioning in society? and two, to think the footprint strategy is fun for the united states in afghanistan long-term? >> the first one is to speak to in terms of where they see the taliban up but i love all an integrated in the mainstream of society. they do have constitutional obligations they seem to uphold that we are also looking with the united states transitions and if ken estanislao. there is a timeline as well in an election to be held in afghanistan. so these are processes and political decisions they must make themselves. and when i say this, i do want to point to the historic ship that pakistan is proactively making. our government has been clear, including all of our stakeholders, which includes the military that pakistan is going to strenuously support all efforts of stabilizing afghanistan and bringing peace to the region because that is the know our vital interests. we live right they are and it's stable and peaceful afghanistan is in
obama. once again obama is pushing for higher taxes. don't take our word for it. listen to what he said last night just before the sboel. >> there is a way to solve the budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do there is no reason we can't have strong growth in 2013. we can't b have washington dysfunction getting in the way. >> with all respect, free market capitalism is the best path to prosperi prosperity. more tax hikes will not hurt this economy. let's not push our luck. republicans will block it. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> stock market correction today. i still believe rising profits and an easy fed will keep the bull market going -- at least until the president tax bombs us to death again. that's what obama said before the super bowl yesterday which could be the real reaso
'm stewart in for neil cavuto. remember this, that fiscal cliff deal, huge amount in tax hikes. not much in the way of spending cuts. are we about to see the sequel? the president is calling on congress to pass another quick fix to avert those automatic spending cuts he originally signed off on, kicking in march 1 income, and this includes new tax revenues. the former south carolina senator jim demint says we have seen how the movie ins and it's not go. okay, jim, spell it out. more tacks and not so many spending cuts. what's the result? >> you have to scratch your head. the federal government will receive historically high tax revenues this year, yet we've double spending. it's a spending problem. the president is not willing to cut spending at this point. he continues to talk about more taxes. even though he promised that this sequester would never happen and if he got his tax increases he would cut spending. >> what are the run republics going to do? we have the president calling for more taxes. what should their response be? >> well, republicans passed in the house last year what the
even with massive tax hikes and assuming the spending cuts do kick in. congressman tom price pushing the president to balance the budget and says this new report is proof we can't do that by hiking taxes. what about that? we're still going to be deep into the red. >> good to be with you. the president has put forward for different budgets, none of which have ever come to balance. the house republicans have acted responsibly, our budget is yet to balance, so what we will do is put together a budget that balances in a ten-year time. all it does tomorrow it says to the president tell us when you'ryourbudget balances. it is important to do that because we have our principled solutions with the program. liz: used a dozen state when the budget would be balanced, is that it? >> we have had to end dollars deficit of the past four years in the past for budgets by this president have never come into balance ever in the 75 year time frame we talk about budgets. the american people need to know that. it is important the president gets mad because then we could talk about the positive solutions a
. the president and senator reid old want more revenue beating one way or another, more taxes. and yes, the dow is turning away from backing off from 14,000. here we go, everyone. "varney & co." is about to begin. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. stuart: we are going to call this a news alert. senator harry reid calling for more tax increases. in an interview on abc yesterday, he said tax revenue must be part of any deal to be part of the little defense cuts. here is senator reid. >> the american people are on our side, and america p
on "the willis report." a new federal tax policy with the push to make marijuana legal and tax it. obama proposes to delay automatic spending cuts after he blows another budget deadline. and proved that leaders just want more power. not more power to the people. we are on the case. >> that and more coming up, but first the top story story, efforts building in washington to change change, rewrite, remake current marijuana laws including legalizing industrial production and have the federal pot tax. lawmakers quietly working on the bills one was introduced today one from oregon one from colorado calling for the end of federal pot prohibition. when next guest founder and executive director of the drug policy alliance, ethan? >> it is like the repeal of alcohol prohibition. the public says it does not work and is not effective and it cost tens of billions of tax dollars come lead diverts resources and funding organized crime in mexico it is better to have a regulatory policy with state governments controlled with federal government has a modicum of control. gerri: day you agree? >> a column
, larry, and you can't tax an economy in the prosperity period. >> look, ideally you would say okay, we're going to freeze government spending at this level and that would mean over time it is going to fall as a percentage of the economy, but you can't ever get congress to do that, right? so it always ends up being something very harsh to get things done. and so this is the consequence that you have to face. at least in the short term. that you're going to have a short-term hit to gdp. but in the long run, the numbers are going to be better for the united states. >> most of that stuff is transfer payments. >> agreed. >> it will not even affect gdp. defense purchases do affect gdp. but to america since nobody ever wants to cut spending -- >> you got to cut somewhere. >> and i would do it right now. >> and it will only happen during bad times, larry. it will never happen during good times. we see that over and over again, when the economy is going gang busters, the government just chooses to spend more. it's in its nature. you have to do it when it's tough. >> lower spending means a stron
perceptions of the sales tax or consumption taxes it will be easy to a minister. there is a role for the tax collector, and if you look at any state law you will see the car phone of exemptions, and they are as complex as some of those tax preferences we have in our code. discipline will be required on a consumption tax just as it would for an income-tax. ♪ a little bit. and that is the nature of accounting systems and how they influenced the development of tax policy. if i go all the way back to the history of conversion from a tariff to an income tax, what really makes this possible is the growth of the modern corporation or the modern business because they develop the accounting system, keep track of who has wages and for them to operate efficiently and need to keep track of it. that is the financial accounting that acquires them to keep track of income, and the government that is able to latch on to these accounting systems and really rely upon them to enforce code. in truth it is the large business, large charity, larger organization that is the main instrument for impleme
, this is the same president that said there was no tax increase, and told us about 17 different tax breaks for small business, if you had your faith in this guy before you voted and you you voted for him, and youon a small, or you work for a small, i have a bridge for sale in brooklyn, i live a long a away, come on, this is nothing. nothinbut promises. marko, what about the fact that government, you small be owners never rely on the government, you rely on your own hutzpah you got. we do, and politicians do not create job and small business owners and entrepreneurs like us. but that is also why i can't understand why you cancel our council on jobs because it is those people there are out there in trenches that are creating jobs across small towns and city across america, why would you stop that dialogue and not listen to them. tom. toma, what about obamacare? the question that has been at least last year. was, the uncertainty, the uncertainty, of what it would cost, do you feel any more uncertainty or had any more certainty now we have one month you were our belt? >> we don't feel more certain about
delay in those spending cuts. and he calls for another tax increase. now it's up to republicans to respond. remember, spending cut sequester goes into effect in 24 days on march 1st. the sequester by the way was originally the president's idea. let's get right to what the president said. john harwood joins us thousanow all the details. >> as you know, there are two ways to go about deficit reduction under the sequester law passed in 2011. one is the full ten year sequester. that's $1.2 trillion in budget cuts over ten years. the other is to do it piece meal. if do you it just for the rest of of the year, it would just be $85 billion. president obama said if congress can't agree with the full pack annual by march 1st, we need to do something smaller in the name of staving off damage to the economy, to consumer, and to federal workers. here's the president. >> if congress can't act immediately on a bigger package, about they can't get a bigger package done by the time the sequester is scheduled fto go into effect, then i believe they should at least pass a smaller package of spend
♪ >> do not be fooled by the headlines. the economy is in bad shape. tax and spend is a failure. good morning, everyone. the bean counters presented the report on the economy. and what did the media pick on? the deficit. this year it will be below a trillion dollars, that's what the pundits focused on and ignored the grim reality. in fact, our debt is headed toward the worst levels in post war america. worst, the economy will show a masly 1.4% growth. unemployment rise to 8%, stay at very high levels for years, and 7 million people will lose their health care coverage under obamacare. that came within hours of president obama's call for more tax increases on the rich and put off spending cuts. tax and spend, it lives on and so does our massive debt. reality check, "varney & company" is about to begin. [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. >> first up this wednesday morning, gas prices, yes, they are still on the rise. national a
in the social security payroll tax, the increase in tax rates on income above certain thresholds and the cuts in federal spending scheduled to take effect next month will mean reduced spending by both consumers and the government. we project inflation adjusted g.d.p. will increase about 1.5% in 2013. but it will increase roughly 1.5% fast if not for the fiscal tightening. after the economy adjusts to that fiscal restraint, we expect the growth in real g.d.p. will pick up to about 3.5% per year in 2014 and the following few years. but the gap between the nation's g.d.p. and what it is capable of producing on a sustainable basis, what we call potential g.d.p., will not close quickly at that rate of growth. under current law, we expect output to remain below its potential level until 2017. almost a decade after the recession started in december of 2007. by our estimates, g.d.p. was more than 5% below its potential level in the fourth quarter of last year. a gap that is only modestly smaller than the gap that existed three years ago. because growth in output since then has been only slightly fast
tax revenues in order to help the deficit. we'll have a conversation with represent dave camp coming up later in the program. stay with us. m charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-866-294-5411. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that
? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. liz: the president is meeting with labor and business leaders today to discuss his immigration plan. our next guest born in bombay, came to the u.s. graduating from mit and harvard where he then stayed, grew the company in silicon valley now worth billions of dollars. david: and employees thousands. joining us now, chairman and ceo. so good to have you here, thank you for coming in. as wonderful as your story is, there are hundreds of other stories, perhaps thousands like it in the united states were people dream of coming here, learning that a place like mit or stanford and go on to set up a business that employs thousands of u.s. citizens. tell us about your story and if it is emblematic of what happens to others. >> yes, that is true. i showed up
everybody's wallet just as taxes go up on every paycheck. plus, the economy is shrinking, unemployment is rising and the president calls forever higher taxes. a gas spike could not come at a worse time. $2900 per family. this is what happens when bernanke pushes down the value of the dollar. off goes oil and off goes gas. this is the inflation that everyone sees and everyone feels. varney & company about to begin. did yoknow not all fiber is the same? citrucel is different- it's the only fiber for regularityhat won't cause excess gas. it's gentle and clinically proven to help restore and maintain regularity. look for citrucel today. stuart: breaking news from dell, as expected. the company is going private. the stock is up 30% this year. it is a done deal. i have a whole raft of tax stories for you. first item, the feds propose to legalize marijuana and establish new pot tax. that would bring in an estimated $20 billion a year. passage of the law a longshot at best. today congressman eric cantor will give a speech on just how expensive it is to raise a family and how higher taxes will
was not paid by pastor. mandatory tips. stay with us. ♪ officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. ♪ gerri: all right. tonight we're breaking down one of the most talked-about job firings of the week. a waitress at apple bees getting the boot for posting a picture of a receipt that was left by a pastor slamming the automatic gratuity added to his bill. the st. louis pastor scratched out the automatic 18 percent tip, wrote zero where the additional tip would be and wrote, i'm giving guide 10%, why should i give you 18? joining me now, managing partner . fox news legal analyst. i'm starting with you. should the witness have been fired? >> absolutely not. she thought it was funny, b
that cuts defense spending once again. it has $500 billion in new taxes and also cuts in domestic spending. it is irresponsible, unacceptable. it leaves their troops and our economy and ready to face the challenges of the future. or the threats of today. when i went to the steering committee to apply for this job, i explained to them the way i saw the jobless to make sure that our troops, those who we sent into harm's way would have everything they needed to carry out their missions and return home safely. everything in the way resources, training, leadership, these things are very important. and i look at what is happening with these cuts that we have seen the last couple of years and it is just irresponsible that the commander in chief, his main job should be the same that i look at as my job, only he should be looking out for the soldiers, sailors, airmen and marines that he sent into harm's way. he should not send them with anything less than the told that -- the total they need. and to be stepping up and continuing to cut -- i visited with their top leaders, and they have told me that
'll never stop trying to raise taxes. whether or not he can succeed i don't know. he comes out of a far left ideology that believes in class warfare and radical wealth restriction and to feed that you need tax revenue coming from the so-called 1% on whom he raised tax throw it the fiscal cliff deal. he knows the real now is with the mitting class so he is coming for you. so -- >> wait, wait. right there want you to listen to this. this is also what he said. >> can we close some loopholes and deductions that folks who are well-connected and have a lot of accounts and lawyers can take advantage of so they pay lower rates than the bus driver or a cop. can we close some those of loopholes? if you combine those things together then we cannot only reduce our deficit but we can continue to invest in things like education and research and development nat are going to help us grow. >> more spending. >> and when a guy like obama uses the word invest it means more government spending. he is not stopping trying to raise taxes and when he is talking about closing loopholes and deductions, that's somethin
the sequester deadline down the road. to win them over he offered a package of spending cuts and more tax increases. how was that playing on capitol hill? here's ed henry. >> warning the nation's economic recovery hangs in the balance, president obama prodded congress to stop a series of massive spending cuts that could threaten national security urging them to come up with a short term combo of lesser spending cuts and tax increases beyond what he signed at the end of december. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package. >> president says the sequester puts hundreds of thousands of jobs in jeopardy from classrooms to the pentagon and defense lie lockheed martin which announced hundreds of layoffs. mr. obama said damage can be stopped if john boehner accepts the white house's final offer from december, meaning up to $600 billion in more tax hikes through cutting deductions, and cuts to medicare and other programs. >> my healthcare proposals achieve the same savings by
tax dodgers. >> corporations are people, my friend. >> the senator unveils his new bill here tonight. >>> plus, someone actually made the paul harvey farmer ad better. >>> and governor chris christie wants everyone to shut up about his weight. >> shut up. >> tonight, reverend al sharpton is here to give the governor some tips on becoming the biggest loser. >>> good to have you with us tonight, folks. thanks for watching. the confirmation hearings of cia director nominee john brennan got off to a rocky start today. human rights protesters from the activist group code pink interrupted the hearings before they even started. john brennan is the architect of the obama administration's drone warfare program, which includes targeted killings. once the hearing got under way, there was another disruption. the protester was escorted out. then there was another. same thing. seconds later there was another. and then another. finally, chairwoman senator dianne feinstein broke up the proceedings. >> we're going to halt the hearing. i'm going to ask that the room be cleared and that the code pink a
excess spending in our tax code so that the wealthiest cannot take advantage of loopholes and reductions that are not available to most americans. 2012 can be a year of solid growth and more jobs and higher wages. -- 2013 can be a year of solid growth and more jobs and higher wages. everyone in washington needs to focus on what is right for the country, on what is right for you and your families. that is how we will get our economy moving faster. it will strengthen our middle class. we will build a country that rewards the effort and determination of every single american. thank you. have a great weekend. >> hello. my name is susan brooks. it is a pleasure to speak to you from my home state on indiana. my husband and i have raised two children here. i've been a us attorney for this area and starting last month, one of the state voices and that u.s. house. i'm proud to live in a state that spends less than it takes in. the secret to our success has always been a value system that promotes a strong sense of responsibility and accountability. family members and tax payers and community volu
>> we'll talk about it later. we had seven states that had no state income tax, but there are other states that are working in that direction. bobby jindal is trying to put louisiana there. the now republican governor of north carolina trying to bring down rates or perhaps eliminate them altogether. >> because they can attract business because you've got people in texas, louisiana and other states knows you can attract business and even chris christie in new jersey, he's trying to steal business out of illinois. same thing, he can give them better deals, better tax rates and a better quality of life for the residents there. more people have jobs in that state, the more revenue they pay to the state the better off the state is, they get it. >> if you want to work. if you want to sue people, you go to chicago and california. cheryl, thanks very much. coming up next, one of our voices from chicago weighs in on that city's cops, suing for overtime pay for blackberry use and a little later, bruce willis whose latest action movie is about to hit the theater coming out against gun control.
. this business about raising taxes, it's not catching on. i just don't hear it from down there. >> the house republicans aren't feeling the president to raise taxes. it's a complicated argument to help, that's why it's really not catching fire. a lot of defense industry lobbyists are giving republicans heat, they don't feel heat from the constituents because the constituents they think want to see real spending cuts. americans want spending cuts, they don't want political gains. >> i really do. i think when you look at the poll, americans still want smaller government and fewer services, aka spending cuts. i think this is the white house's big mistake, they're barking up the wrong tree. the only question i have, it is after all republicans, will they hang tough? in your opinion, you're closer to it, will they hang tough? >> i spent all day on capitol hill talking to house republicans privately saying what's going to happen between now and march 1st? they say the house leader has promised them privately they're not going to replace the sequester unless there are real cuts to replace the seque
. >> thank you so much. >> coming up, did you think that democrats would stop asking for more taxes? s revenue push reving up again. >> up next, he was member of white house top jobs council. robert wolf is here. officemax is celebrating our new collaboration with go daddy! with an online pacge including: domain name, website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. charles: millions out of work and more asking where the jobs. roberts wolf served on the job's co
stop asking for more taxes? s revenue push reving up again. >> up next, he was member of white house top jobs council. robert wolf is here. charles: millions out of work and more asking where the jobs. roberts wolf served on the job's council, he is here right now, thank you for joining us, bob. >> thank you. charles: the jobs council. what happened? listen, you know this cynical side, you know you about the fact of the matter is, it felt like 5 official big meetings, not a lot came out of it, no meeting in the last year, was this just a mirage? >> i disagree, thank you for having me oit was a two yore a year charter, let's talk about what was done, first year was a lot of work together to figgre out ideas ts to the u.s. more of whn , we came up with better ideas with better building, and small, usa initiative. travel and tourism initiative. the second year was about execution, which we're executing, the proof is working there are wins from this. charles: but, okay okay, now. realistically as a businessman, a lot of things you tick off seems they came from obama wish book. was this c
? you have the jobless rate picking up, economic growth slowing down and the federal income tax turning 100 this sunday. fears are growing it's only heading higher. swatch out on the price of good friday. it's 14,000. >> let's celebrate. we're rich, we're rich again, part two. here's what i think about the income tax. remember those coffee mugs, life begins at 40? how about for the income tax life begins at 100. let's actually fix this thing, make it a little more favorable for businesses, for income, for individual income earners. i mean, that would be a lot better than at least leaving it at this rate. >> some say we've had it for 100 years. maybe we should keep it for the next 100. >> here's the thing. i'll tell you. it's been a rough 100 years with regards to income tax because there's been a lot of wrangle ling. if you just look at the numbers, we rely on the top 10% of taxpayers, jenna, as a country more than any other developed nation in the world. we know we have the highest corporate tax rates. >> you just don't want to pay your taxes. >> hello, irs, i don't want to pay my taxe
away from its all-time high and a taxing debate in washington. president obama once again says he's going to seek to get new revenue to help bring down the deficit and specifically, he's now calling out carried interest tax breaks again. we'll see where that goes. plus, the story that everyone is talking about this morning, the ravens holding on to beat the 49ers in the super bowl after the lights went out for 45 minutes at the superdome. we're going to try to keep the lights on. "squawk box" begins right now. ♪ if you like it then you should have put a ring on it ♪ ♪ if you like it then you should have put a ring on it ♪ >> good morning, everybody. i'm becky quick along with andrew ross sorkin. joe kernen is on vacation today so we're joined by steve liesman. we're happy to have him here. our top story this morning, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in
body was buried there. >>steve: straight head, he vowed not to raise taxes and his state is thriving. now louisiana governor jindal says he wants to share his tips with our present. brian's exclusive interview with that man interview with that man next. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. fox our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with our free usaa retirement guide. call 877-242-usaa. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets bra
. a lot more to come including every look at a -- elected ridiculous tax bill. is the world's second-biggest company paying their share? and a ridiculous debate over a waitress showing a recede saying a tape was not paid by pastor. mandatory tips. stay with us. ♪ john is 42. mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectquote has great savings on term life for women, too. john's wife carrie, can get a $500,000 policy for under $16 a month. selectquote has helped make term life insurance affordable for hundreds of thousands of people since 1985. how about you? just call this number or visit selectquote dot com. ♪ gerri: all right. tonight we're breaking down one of the most talked-about job
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